The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-05-05

prices. The early advance to Sisc fol-
June wheat was caused by heavy pur
chases made by Irwin.Grsene and
Kershaw. They bought all that was
offered. On the upturn the houses
named are Alleged to have taken in
fully 1900, 900 bushels. Several times
during the first two hours Of the SEES.
sion June sold up to S4tc, the temper
Of the local crowd being strong
on general principles as much as
on any special ne as. There were
those who expected a decline today,
basipg this belief on Zip" that was
permitted to leak out from certain
houses largely interested in the mar
ket, but as ii was quite generally
known that these houses are daily in
creasing their lines Of loag wheat the
"tip" was looked upon as unreliable,
and the crowd there fore RETAINED from
rushing in to sell lot OF stuff that it
is claimed the bull clique we're waiting
for an opportunity to buy. The mar.
ket held steady and closed for the day
at 8439S4sc for June, while July WAS
held &C &c discount. The amount OF
wheat on ocean passage increased 49,
900 bushels, but the clesrinRs from the
sesboard aggregated 1l6,000 bushels.
The corn market ruled firm, owing to
light receipts and the strength shown
in corn. The trading, however, was
light. Oats we're quiet and steady.
Quotations we're rs follows: Flour
quiet and unchanged. No. spring
wheat, S2f@S2Ac; No. 8 spring wheat,
74c; No. 2 red, S2ac; No. 2 corn, SSsc;
No. 2 oats, 27sc; No. 2 rye, 56c; No. 2
2 barley, SIC; No. l asxseed,
ST or; prime timothy eeed, II 65.
The leading futures ranged as fol.
lows: Wheat, No. 2-Msy opened
at $40, highest S2ac, lowest Slic,
closing at S23c; June opened at S3ic,
highest SAGE, lowest $751;, closing at
S44@S4so; July opened at SSIc, highest
SAGE, lowest 83ac, closing at S4bG; Au-
gust opened at 82bc, highest $50 ,, low
est S2bc, closing at 83td 8Sic. Corn,
No. 2--Msy opened AZ 3S!c, highest
3Sia, lowest SSfc, closing at 3Ss@3Sir;
June opened at 40c, highest 40tc lowest
closing at 39594Oc; July
opened at 41sc, highest 4lsc, low
oct Al &c, closing at Al o.; Angus opened
at 42Bc, highest 42ac, lowest 423c, clos
ing AT Age. Data, No. 2-May opened
at 27sc, higheet 27s9274c, lowest 27ac,
closing at 27Bc; June opened at 2Skc,
highest 2SB@2Si, lowest 28392Ssc,
closing at 2ssc; July opened at
29ic, highest 293c, lowest POO
29tc, closing at 29Ic. Receipts
Flour, $4,000 brls; wheat, $1,000 bu;
corn, $4,000 bu; oats, l29, 900 bu; rye,
1000 bu; barley, $4,000 bu. Shipments
Flour, 5000 brls; wheat, 5000 bu;
corn, $4,000 bu; oats, $4,000 bu; rye,
1000 bu; barley, 1000 bu
ST. LOUIS, Mo-, Msy 4.-Flour arm
and better grades ia demand and
higher. Wheat higher, under sharp
demand from shorts, stronger cables
and demand elsewhere. TOP rates
we're mo- maintained, but the close
Was firm at advances OF 1, for May,
.c for June and f. for balance; No. 2
red, cash, 84i985c; Nav, S43@Siac, |
closing at sac; JuDe, S4i(9S4fc G os. |
ng at Sale; July, s0ba8Ijc, closing |
~ oi1O, huBunbt oV4N1oi ~, OiOnluB nv
l3c bid; September, 81 i@S3c, closing |
1t size. Corn higher, firm but dull; |
,Asb, 96@371c; May, $500 bid; June,
363c bid; July, 37t@37fc, closing at |
37bc. Oats very dull and nominally
unchanged; cash, 29ic; May, 27Ic |
bid; June, oslo bid. Rye dull, no |
,ales reported. Barley dull, no sales |
Hav oniet. nrairia GQA
Il 30; timothy, SO 50@lS 80. Bran
Icsrce aud higher, at 7l@72c. Corn.
neal firm and active at $292 O5. |
seceipts-Flour,j 1000 brls; wheat ILL.,
100 bu; corn, 70O0 bu; oats, 10000
u; rye, none; barley, 1000 bu.
.hipments-FIour, 5000 bris; wheat,
lone; corn, 1000 gu; oats, $4,000
,u; rye, none; barley. none.
afternoon Board = Wheat higher;
day, S43c; June, Sis@S4jc; July, Sli
18lbc; August, 8ltdSlac. Corn quiet
nd steady. Oa.s dull.